Tko Equipment Company, Plaintiff-Appellee/cross-Appellant v. C & G Coal Company, Inc., and Whayne Supply Company, Defendant-Appellant/cross-Appellee
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
C & G Coal Co. either leased or bought two earthmovers from TKO Equipment Co. If C & G leased them, then Whayne Supply Co. owns them today; if C & G bought them, then TKO owns them. If this were not confusing enough, the parties disavow their own documents. TKO, which drew up a lease proclaiming that it was not retaining a security interest (“LESSEE and LESSOR hereby agree that this transaction is an equipment lease and not a sale or other secured transaction”), promptly filed in the right place for notices under the Uniform Commercial Code a declaration that it had…
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- Rempa v. LaPorte Production Credit Ass'nIndiana Court of Appeals · 1983
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